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πŸ“Š Technical Analysis β€” February 3, 2026 β€œEUR and GBP in short-term correction; Cross-yen pairs and Gold retake center stage.”

πŸ“Š Technical Analysis β€” February 3, 2026
β€œEUR and GBP in short-term correction; Cross-yen pairs and Gold retake center stage.”

πŸ’± Multi-Timeframe Summary (Key Revisions)

πŸ”Ή Dollar Majors

Pair Short Term (5–15m) 1H Daily Turning Point
EUR/USD πŸŸ₯ Bearish bias πŸŸ₯ Strong sell βšͺ️ Neutral Deep pullback after rally; trend pause
GBP/USD βšͺ️ Neutral πŸŸ₯ Strong sell 🟩 Strong buy Forming a dip; broader bias still upward
AUD/USD βšͺ️ Neutral 🟩 Strong buy 🟩 Strong buy Re-entering an upward phase

πŸ‘‰ EUR and GBP are in profit-taking corrections. AUD has already resumed its uptrend.

πŸ”Ή USD Pairs

Pair Short Term Daily Assessment
USD/JPY 🟩 Strong buy 🟩 Buy Signs of renewed yen selling
USD/CAD βšͺ️ Neutral πŸŸ₯ Strong sell Sell-on-rallies structure intact
USD/CHF βšͺ️ Neutral πŸŸ₯ Strong sell Broader USD weakness continues
USD/NZD 🟩 Rebound πŸŸ₯ Strong sell Rallies remain selling opportunities

πŸ‘‰ Only USD/JPY is rising on yen weakness; others remain in USD-selling structures.

πŸ”Ή Cross-Yen (Clear Leadership Shift)

Pair Short Term Daily Comment
EUR/JPY 🟩 Strong buy βšͺ️ Neutral Finding a bottom
GBP/JPY 🟩 Buy 🟩 Strong buy Re-accelerating
AUD/JPY 🟩 Buy 🟩 Strong buy Trend resumption
CAD/JPY 🟩🟩 Very strong 🟩🟩 Very strong Among the strongest
CHF/JPY 🟩🟩 Very strong 🟩🟩 Very strong Rising despite safe-haven status
NZD/JPY 🟩 Buy 🟩 Strong buy In breakout territory

πŸ‘‰ Cross-yen pairs have fully reclaimed the spotlight.

πŸ”Ή Gold & BTC

Asset Assessment
XAU/USD (4,930) Strong buy across all timeframes β†’ re-acceleration phase
BTC/USD Strong sell across all timeframes β†’ continued capital outflow

πŸ‘‰ Gold’s trend has decisively resumed.
πŸ‘‰ BTC shows the opposite capital flow dynamic.

🧭 The Updated β€œBig Picture”

πŸ”Ί Cross-yen pairs
πŸ”Ί Gold
πŸ”Ί AUD-related pairs
⚠ EUR & GBP in correction
πŸ”» BTC

Risk-on flows are concentrating into cross-yen pairs and gold.

🎯 Tactical Playbook (Latest)

🟒 Priority Longs

  • CAD/JPY

  • CHF/JPY

  • AUD/JPY

  • XAU/USD

  • AUD/USD

⚠️ Buy on Dips

  • EUR/USD

  • GBP/USD

  • EUR/JPY

πŸ“ One-Line Takeaway

β€œNot EUR β€” the true leaders now are cross-yen pairs and gold.
That’s where risk capital is flowing.”

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